Last checked at 23 Mar 2017 07:00
23 March 2017
AIM: CMH
Chamberlin plc
("Chamberlin" or "the Company")
New Machining Facility
Open Day
Chamberlin, the specialist castings and engineering group, is holding a formal Open Day today to unveil its new machining capability to customers and other stakeholders at its new plant in Walsall.
The Open Day will include a tour of the new Machining Centre as well as a Company presentation, and demonstration of the plant's capabilities, with the Mayor of Walsall, Councillor Kath Phillips, presiding over the official opening. No material new information will be disclosed as part of the event.
The new facility supports the Company's move into fully machined components and positions the Chamberlin as the only fully integrated supplier of grey iron bearing housings in Europe. As previously reported, the Company expects the new machining capability to open up additional opportunities and underlines its ability to deliver world class product at a globally competitive cost.
Kevin Nolan, CEO of Chamberlin, commented:
"We are delighted to open officially our new machining capability in Walsall today and to welcome customers and stakeholders to our Open Day.
The investment in the facility supports Chamberlin's move into fully machined components and will open up additional growth opportunities as we position ourselves as the only fully integrated supplier of grey iron bearing housings in Europe."
Enquiries
Chamberlin plc T: 01922 707100
Kevin Nolan, Chief Executive
David Roberts, Finance Director
(www.chamberlin.co.uk)
Smith & Williamson Corporate Finance Limited T: 020 7131 4000
(Nominated Adviser and Broker)
Russell Cook
Katy Birkin
KTZ Communications T: 020 3178 6378
(Financial PR)
Katie Tzouliadis
Emma Pearson
About Chamberlin
Chamberlin, based in Walsall, is a specialist castings and engineering business.
The company's castings operations produce high quality iron castings in various metal grades and weights, and supplies a number of sectors, including automotive, construction, power generation, steel and rail.
Chamberlin's engineering operations develop panic and emergency exit door hardware, and lighting and control equipment for hazardous areas.